Firmenich is recognized as one of the World’s Most Ethical Companies for the second time by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

Ethisphere’s 2023 listing comprised 135 honorees in the world in 19 countries based on their commitment to business integrity and leadership through best-in-class ethics, compliance, and governance practices.

Gilbert Ghostine, CEO of Firmenich, says, “Ethics is a critical foundation for the credibility of our business and our Environmental, Social and Governance performance, and we strive to lead by example. This listing demonstrates the strength of our values and commitment as a responsible business, as well as the consistently high standards of integrity that we aim to achieve in practice every day within the company and in our business relationships.”

Grounded in Ethisphere’s proprietary Ethics Quotient, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

Firmenich outlines its sustainability goals in its ESG Goals report.